Just in:  

You are here: Home»Top Stories»

Top Stories


Prime Minister Nawaz Sharif has reportedly set aside Punjab's opposition to providing funds from federal Public Sector Development Programme (PSDP) to Greater Karachi Water Supply Scheme (K-IV), well informed sources in Planning Commission told Business Recorder.

A case of fake income tax exemption certificate at Faisalabad has prompted the Federal Board of Revenue (FBR) to initiate country-wide investigation against units involved in submitting bogus certificates, requesting payments for providing services without deduction of tax, under section 153 of the Income Tax Ordinance, 2001.
The Executive Committee of National Economic Council (ECNEC) has approved Rs 11.277 billion Wind Power Plants (WPPs) at Jhimpir & Gharo clusters. Source said it is anticipated that around 1,756 MW power from Wind Power Plants (WPPs) at Jhimpir & Gharo clusters will be available from 2016. The project envisages evacuation of power from wind power plants at Jhimpir & Gharo Wind Clusters through construction of 220 KV and 132 KV double circuit transmission lines along with associated 220 KV sub-stations at Jhimpir and Gharo and extension of 500/220 KV sub-station at Jamshoro.
The government did not pass on the impact of international petrol price increase to the local consumers by providing a subsidy of Rs 1.36 billion to maintain the oil prices at the existing level during the month of August. The government has approved a reduction of Rs 0.31 per litre in kerosene oil price and reduction of Rs 0.81 per litre in Light Diesel Oil (LDO).
Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Monday said that he would file a murder case against Prime Minister Nawaz Sharif if violence was employed against his party workers during his party's August 14 rally. Talking to media persons, Imran urged that the Army should not support the government and stay neutral. He reiterated that PTI will challenge the imposition of Article 245 in the Supreme Court.
The Islamabad High Court (IHC) on Monday directed the federal government to submit a detailed report to the court by August 06 on the invocation of Article 245 in Islamabad. The government decision to invoke Article 245 in federal capital was challenged by Islamabad District Bar President Nasir Kiyani. He took the plea that army was given powers under Article 245 in only conflict areas, adding its invocation in capital would weaken the writ of the state.
Provinces can always summon military troops under Article 245 of the constitution to meet an emergency situation and for maintenance of law and order, the interior ministry said in a letter on Monday. Federal Ministry of Interior in an advisory to the provinces said that a province would have to bear the expenses during the deployment of troops in that federating unit.


Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52

where to buy

cheap wedding dresses

online -

Buy cheap Nike Mercurials cleats at
cheap wedding dresses on - Best Online Wedding Store

Banking Review 2013

Buy direct from

China free shipping trade platform

Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln